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Updated over 2 years ago, 05/05/2022

Jonathan Bombaci's profile image
Jonathan Bombaci's profile image
Jonathan Bombaci
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • from Lowell, MA
  • Member since Mar 3, 2019
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User Stats

1,429
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Jonathan Bombaci's profile image
Jonathan Bombaci's profile image
Jonathan Bombaci
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • from Lowell, MA
  • Member since Mar 3, 2019
Connect
Jonathan Bombaci
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • Lowell, MA
1,352
Votes |
1,429
Posts
Buying & Selling Real Estate

New construction cost per square foot?

Jonathan Bombaci
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • Lowell, MA
Posted

Hey Everyone,

We’re looking at building a 70,000 Sqft building in central MA with 80 residential units. It’ll be 4 floors with an elevator and we plan to stick build with all electric utilities. Any idea what cost per square foot is running on these large buildings these days?

The numbers just barely work at $300k per Sqft but I’m hoping we can get economies scale and that is high. 

Best,

Jon

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